Farmers Branch, TX—75234
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Farmers Branch, TX
As of Oct '25, the median home price in Farmers Branch, TX is $354,000, with a year-over-year change of -3.6%. This indicates that home prices in Farmers Branch, TX are decreasing. According to Zillow, the 1-year price projection is -0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $354,000 | -3.6% |
| Single Family | $364,000 | -2.9% |
| Condos | $175,000 | -6.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $130,000 | -4.4% |
2 Bed | $246,000 | -5.4% |
3 Bed | $342,000 | -3.4% |
4 Bed | $508,000 | -1.0% |
| 5 Bed | $759,000 | -2.1% |
% of Housing Stock
Rental Trends — Farmers Branch, TX
As of July '25, Rentcast reports the average rent in Farmers Branch, TX is $2,040, with a year-over-year rent change of 6.8%. Per bedroom, the median rent as of July '25 in Farmers Branch, TX is studios: $1,500, 1-bedrooms: $1,500, 2-bedrooms: $2,090, 3-bedrooms: $2,680, 4-bedrooms: $3,580. The most common rental property sizes in Farmers Branch, TX are 2-bedroom and 1-bedroom, accounting for 39.3% and 33.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,870 | $2,040 |
| Studio Rent | $1,460 | $1,500 |
| 1 Bed Rent | $1,500 | $1,500 |
| 2 Bed Rent | $2,120 | $2,090 |
| 3 Bed Rent | $2,660 | $2,680 |
| 4 Bed Rent | $3,300 | $3,580 |
% of Rental Stock
Property Listings — Farmers Branch, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Farmers Branch, TX is 64. This is a increase of 27.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 27.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $432,000 | -8.0% |
Listing Count | 124 | 17.0% |
| Listings as % of Homes | 0.5% | 17.0% |
Days on Market | 64 | 27.0% |
Demographics — Farmers Branch, TX
As of the latest ACS Survey released in 2023, Farmers Branch, TX has a population of 33,000, which has decreased by -2.2% over the past 5 years. Farmers Branch, TX is a moderately popular place for families, as children make up 23.0% of the population. The area has a moderately educated workforce, with 41.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 33,000 | -2.2% |
% Under 18 | 23.0% | 2.2% |
% Seniors | 13.2% | -9.6% |
% WFH | 14.5% | 326.5% |
% w/ College Degree | 41.9% | 37.8% |
As of the latest ACS Survey released in 2023, Farmers Branch, TX is a predominantly hispanic area, with 48.9% of the population identifying as hispanic. The hispanic population has grown by 0.2% in the last 5 years. The second most common race or ethnicity in Farmers Branch, TX is white, making up 32.2% of the population. Foreign-born residents account for 32.1% of the population in Farmers Branch, TX, and this percentage has increased by 15.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 32.2% | -13.4% |
% Black | 6.3% | 23.5% |
% Hispanic | 48.9% | 0.2% |
% Asian | 10.7% | 55.1% |
% Foreign Born | 32.1% | 15.5% |
Mortgage and Risk — Farmers Branch, TX
According to HUD data as of 2023, there were 408 mortgage originations in Farmers Branch, TX, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Farmers Branch, TX. Investor activity is low, as 3.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 408 |
% Conventional Loans | 91.0% |
% Government Loans | 9.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Farmers Branch, TX
As of 2024, the percent of homes in Farmers Branch, TX under the Section 8 program is 2.8%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Farmers Branch, TX, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 151 |
Total Units Section 8 | 150 |
% Rentals under Section 8 | 2.8% |
% Occupied Section 8 | 78.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $300 | $1,500 | $1,800 |
| 2 Bedroom | -$10 | $2,120 | $2,110 |
| 3 Bedroom | -$20 | $2,660 | $2,640 |
| 4 Bedroom | $100 | $3,300 | $3,400 |
Affordability — Farmers Branch, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $354,000 |
| Median Household Income | $86,600 |